• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Brand Quest
• The New Manager
• BL Club
• Smartbuy
• Books
• Gallery

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth
• Events 2007

Group Sites

• The Hindu
• The Hindu ePaper
• Business Line
• Business Line ePaper
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Bureau

Chennai, June 4 Turnover remained firm at Rs 66,932.80 crore in the F&O segment on the NSE on Thursday. The Nifty future added another 26.09 lakh shares in open interest and ended with a sharp gain at 4583.75 against the spot close of 4572.65.

Among the options, 4700, 4600 calls and 4400 puts were the most active. Open interest was higher in the 4500 call and the 4200 put, indicating that the market might move in a tight range.

India VIX, or NSE volatility index, which measures the expected immediate volatility of Nifty improved a bit to 41.34 from the previous day’s 40.37.

Most stock futures witnessed sharp accumulation in open interest positions, suggesting that traders were betting one more upward movement for the market. Among them, momentum counters Unitech and RNRL saw an addition of 83.97 lakh shares and 66.87 lakh shares. Sulzon, Reliance Capital, HDIL, Reliance Power and DLF also added higher open interest. Today’s trading also saw most counters ending in premium, indicating that most of the accumulations were on the long side.

Overseas investors turned net sellers to the tune of Rs 1,204 crore in the F&O segment on Thursday.

More Stories on : Derivatives Markets | On the hedge

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Copyright © 2009, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line